Edition:
United States

Sixth of October Development and Investment Co SAE (OCDI.CA)

OCDI.CA on Cairo Stock Exchange

19.89EGP
18 Feb 2018
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£0.99 (+5.24%)
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Latest Key Developments (Source: Significant Developments)

SODIC Says RA Mena Holding Interested To Buy 10 Pct Stake
Wednesday, 7 Feb 2018 03:25am EST 

Feb 7 (Reuters) - SIXTH OF OCTOBER DEVELOPMENT AND INVESTMENT CO ::SAYS RA MENA HOLDING IS INTERESTED TO BUY 10 PERCENT STAKE IN CO‍​.  Full Article

Egypt's Sodic Q3 profit rises
Wednesday, 15 Nov 2017 02:45am EST 

Nov 15 (Reuters) - SIXTH OF OCTOBER DEVELOPMENT AND INVESTMENT CO SAE ::Q3 CONSOL NET PROFIT AFTER MINORITY INTEREST EGP 166.5 MILLION VERSUS EGP 108.1 MILLION YEAR AGO.Q3 CONSOL TOTAL REVENUE EGP 583.8 MILLION VERSUS EGP 531.5 MILLION YEAR AGO.NINE-MONTH CONSOL NET PROFIT EGP 507.7 MILLION VERSUS EGP 266.5 MILLION YEAR AGO.  Full Article

Egypt's SODIC signs EGP 270 mln credit facility with CIB
Wednesday, 30 Aug 2017 09:40am EDT 

Aug 30 (Reuters) - SIXTH OF OCTOBER DEVELOPMENT AND INVESTMENT CO ::SIGNS EGP 270 MILLION MID-TERM CREDIT FACILITY WITH EGYPT'S COMMERCIAL INTERNATIONAL BANK EGYPT .CREDIT FACILITY TO BE USED TO FINANCE OCTOBER PLAZA PROJECT.  Full Article

Egypt's SODIC unit increases credit facility amount to EGP 1.4 bln
Thursday, 24 Aug 2017 03:57am EDT 

Aug 24 (Reuters) - SIXTH OF OCTOBER DEVELOPMENT AND INVESTMENT CO ::UNIT SORRELL FOR REAL ESTATE INVESTMENT SIGNS AGREEMENT WITH ARAB AFRICAN INTERNATIONAL BANK TO INCREASE CREDIT FACILITY AMOUNT TO EGP 1.4 BILLION.  Full Article

Egyptian Exchange says Rimco EGT Investment raises stake in Sodic to 7.44 pct
Thursday, 18 May 2017 04:00am EDT 

May 18 (Reuters) - Egyptian Exchange ::Rimco EGT Investment purchases 15.6 million shares of Sixth Of October Development and Investment for EGP 230.4 million.Post purchase, stake of Rimco EGT investment in Egypt's Sodic increases to 7.44 percent from 2.89 percent.  Full Article

Sixth of October Development and Investment Q1 consol profit rises
Tuesday, 16 May 2017 03:22am EDT 

May 16 (Reuters) - Sixth Of October Development and Investment Co :Q1 consol net profit after tax and minority interest EGP 211 million versus EGP 51 million year ago.Q1 consol total revenue EGP 703 million versus EGP 187 million year ago.As of March 31, 2017 receivables stood at EGP 9.9 billion.Backlog of EGP 13 billion providing strong earnings visibility for coming three years.  Full Article

Egypt's SODIC signs EGP 1.3 bln credit facility agreement with AAIB
Wednesday, 5 Apr 2017 03:56am EDT 

Sixth of October Development and Investment : Signs EGP 1.3 billion mid-term credit facility agreement with Arab African International Bank Source: (http://bit.ly/2o8GV2q) Further company coverage: [OCDI.CA] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Egypt's SODIC says EGP floatation had a positive impact on FY results
Tuesday, 28 Feb 2017 02:53am EST 

Sixth of October Development and Investment Co : Egyptian pound floatation had a positive impact of EGP 68.5 million on FY results Source: (http://bit.ly/2l7jFBD) Further company coverage: [OCDI.CA] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Egypt's SODIC expects around EGP 5.6 bln customer contracts in 2017
Tuesday, 28 Feb 2017 02:51am EST 

Sixth of October Development and Investment Co : Sees 2017 net customer contracts around EGP 5.6 billion; plans to invest around EGP 3 billion in projects in 2017 Source: (http://bit.ly/2mFkzBN) Further company coverage: [OCDI.CA] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Egypt's Sodic FY consol profit rises
Tuesday, 28 Feb 2017 02:00am EST 

Sixth Of October Development and Investment Co : FY consol net profit EGP 441.3 million versus EGP 321.3 million year ago . FY consol total revenue EGP 2.07 billion versus EGP 1.47 billion year ago Source: (http://bit.ly/2lYgE6n) Further company coverage: [OCDI.CA] (((Bengaluru Newsroom; +1 646 223 8780; ))) ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article